# 07:00 ET DENARIUS METALS ANNOUNCES 33-METRE CONTINUOUS INTERVAL GRADING 5.68 G/T GOLD ON THE SANTA CATALINA STRUCTURE AT THE LAS BRISAS TARGET FROM ITS 2026 DRILLING CAMPAIGN AT ITS ZANCUDO PROJECT IN COLOMBIA Denarius Metals Corp. \(Cboe CA: DMET\) \(OTCQX: DNRSF\) \("Denarius Metals" or the "Company"\) provided an update today on the drill results from its...

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85

Original source: https://www.newswire.ca/news-releases/denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t-gold-on-the-santa-catalina-structure-at-the-las-brisas-target-from-its-2026-drilling-campaign-at-its-zancudo-project-in-colombia-894579532.html

Publisher: cnw

Original announcement: 2026-08-25T11:31:21.198Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Denarius Metals Corp.

- Ticker: DNRSF

- Exchange: Unavailable

- Region: Colombia

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-08-25 11:37:28 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Denarius Metals announced drill results from its 2026 drilling campaign at the Zancudo Project in Colombia, highlighted by a 33-meter continuous interval grading 5.68 g/t gold in hole ZM-210. The infill drilling program aims to tighten drill spacing to 50 meters, supporting potential resource reclassification to higher confidence categories. The results demonstrate high-grade continuity and upside for the Santa Catalina and Manto Antiguo systems.

Reasoning: Denarius Metals announced strong drill results from its ongoing infill program at the Zancudo Project, including a significant 33-meter interval grading 5.68 g/t gold, which is material for resource growth and reclassification. The results are supported by comprehensive QA/QC and QP sign-off, indicating high confidence.

- Positive factor: Significant high-grade gold intercept

- Positive factor: Multiple high-grade gold and silver intercepts

- Positive factor: Infill drilling supports resource upgrade

- Positive factor: Robust QA/QC procedures disclosed

- Positive factor: Qualified Person sign-off

- Negative factor: Silver results for key intercept ZM-210 are pending

Facts used in scoring: 65

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details the laboratory used \(Actlabs, ISO 9001:2015 and ISO/IEC 17025 accredited\), assay methods \(fire assay, ICP-OES\), and mentions routine insertion of blanks, standards, and duplicates.

Evidence · text

> All the core samples were prepared and assayed for Au by Actlabs Laboratories Ltd \(ISO 9001:2015\) at their laboratory in Zona Franca Rionegro, Antioquia, Colombia, by 50 g fire assay with atomic absorption spectrophotometer \("AAS"\) finish. Subsequently, the pulps were shipped to their laboratory in Ancaster, Ontario, Canada \(ISO/IEC 17025\) for multi-element analysis by Agua Regia-ICP-OES. Samples above the upper detection limit of 5.0 g/t gold were re-assayed by 30 g fire assay with gravimetric finish, while silver and base metals were analyzed in a multi element analysis by partial digestion and ICP-OES finish. Blank, standard and duplicate samples were routinely inserted and monitored for quality assurance and quality control.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Mr. Scott E. Wilson, a CPG and President of Resource Development Associates, is named as the Qualified Person who reviewed, verified, and approved the technical information.

Evidence · text

> Mr. Scott E. Wilson, CPG, President of Resource Development Associates \("RDA"\), has reviewed, verified and approved the technical information summarized in this news release, including the sampling, preparation, security and analytical procedures underlying such information, and is not aware of any significant risks and uncertainties that could be expected to affect reliability or confidence in the information discussed herein.

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill holes are explicitly stated to be 'in-fill holes' from various platforms.

Evidence · text

> This press release presents complete results from drill holes ZM-200 through ZM-206, and preliminary Au results for drill hole ZM-210, which were drilled as in-fill holes from platforms IF-08, IF-12 and IF-05

**Category Upgrade**

Polarity: positive

Story-specific tag

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The 2026 drilling program aims to tighten drill spacing to allow for potential reclassification of resources to higher confidence categories.

Evidence · text

> The 2026 drilling program aims to tighten drill spacing within the Las Brisas Target to 50 meters between drill centers, allowing for the potential reclassification of resources to higher confidence classification categories in the next mineral resource update.

**True Width Estimated**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document states that true widths are estimated to be 80% to 90% of the core lengths, rather than providing specific true width values for each intercept.

Evidence · table

> The true widths are estimated to be 80% to 90% of the lengths.

Context: Notes to Las Brisas table: \(1\) \(2\) \(3\) \(4\)

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: Metal equivalent grades are reported, but the silver results for drill hole ZM-210 are still pending, making the AuEq for this hole incomplete.

Evidence · table

> Ag results for drill hole ZM-210 are still pending.

Context: \(5\)

**Metal Equivalent Assumptions Disclosed**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The prices used for gold and silver in the AuEq calculation, along with the formula, are explicitly stated.

Evidence · table

> Equivalent gold grades \(AuEq g/t\) were calculated using prices of US$3,200/oz gold and US$40.00/oz silver. Gold equivalent formula: AuEq = Au + \(Ag / \(Au Price/Ag Price\)\).

Context: Notes to Las Brisas table: \(1\) \(2\) \(3\) \(4\)

**Cut-off Disclosed**

Polarity: positive

Story-specific tag

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document mentions a &gt;4 g/t AuEq cut-off associated with the main intervals reported.

Evidence · text

> with grades &gt;4 g/t AuEq cut-off associated with main intervals that, in some cases, might not meet the &gt;4 g/t AuEq cut-off

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 0.38m at 108.90 g/t Au is well above the exceptional threshold for underground gold deposits.

Evidence · table

> 108.90

Context: 0.38

## Extracted facts

Stored fact records: 65. Some facts used in scoring do not have a stored record.

## Drill Results (65)

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-0)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 1.77
- Grade Unit: g/t
- Intercept: 2 m
- From: 128.3 m
- To: 130.3 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:128.30-130.30
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2.35
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 1.77

Context: 2.00

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-1)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 46.6
- Grade Unit: g/t
- Intercept: 2 m
- From: 128.3 m
- To: 130.3 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:128.30-130.30
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade for an underground epithermal deposit, contributing marginally as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 46.6

Context: 2.00

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-2)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 4.43
- Grade Unit: g/t
- Intercept: 0.45 m
- From: 128.3 m
- To: 128.75 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:128.30-128.75
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 5.46
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows a moderate gold grade, indicating localized higher-grade mineralization within the broader zone.

- Positive factor: Moderate grade

- Negative factor: Very narrow width

Evidence · table

> 4.43

Context: 0.45

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-3)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 82.4
- Grade Unit: g/t
- Intercept: 0.45 m
- From: 128.3 m
- To: 128.75 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:128.30-128.75
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows a moderate silver grade, contributing as a byproduct to the overall mineralization.

- Positive factor: Moderate grade

- Negative factor: Very narrow width

Evidence · table

> 82.4

Context: 0.45

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-4)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 7.4
- Grade Unit: g/t
- Intercept: 1.02 m
- From: 156.58 m
- To: 157.6 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:156.58-157.60
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 12.86
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows strong gold grades, contributing to the overall understanding of the Santa Catalina Faulted Block.

- Positive factor: Strong grade

- Negative factor: Narrow width

- Negative factor: Weak GT product

Evidence · table

> 7.40

Context: 1.02

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-5)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 437.8
- Grade Unit: g/t
- Intercept: 1.02 m
- From: 156.58 m
- To: 157.6 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:156.58-157.60
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows strong silver grades, adding significant value as a byproduct.

- Positive factor: Strong grade

- Negative factor: Narrow width

- Negative factor: Weak GT product

Evidence · table

> 437.8

Context: 1.02

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-6)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 20.7
- Grade Unit: g/t
- Intercept: 0.32 m
- From: 156.58 m
- To: 156.9 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:156.58-156.90
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 38.04
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very high-grade sub-interval highlights the presence of rich mineralization within the structure.

- Positive factor: Exceptional grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

- Negative factor: Weak GT product

Evidence · table

> 20.70

Context: 0.32

### ZM-200

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-7)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-200
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 1388.8
- Grade Unit: g/t
- Intercept: 0.32 m
- From: 156.58 m
- To: 156.9 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-200:156.58-156.90
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This bonanza-grade silver sub-interval represents a very high-value byproduct, enhancing the economic potential.

- Positive factor: Exceptional grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

- Negative factor: Weak GT product

Evidence · table

> 1,388.8

Context: 0.32

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-8)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 3.04
- Grade Unit: g/t
- Intercept: 1.05 m
- From: 96.15 m
- To: 97.2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:96.15-97.20
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 3.33
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 3.04

Context: 1.05

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-9)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 23.6
- Grade Unit: g/t
- Intercept: 1.05 m
- From: 96.15 m
- To: 97.2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:96.15-97.20
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade for an underground epithermal deposit, contributing marginally as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 23.6

Context: 1.05

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-10)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 7.9
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 96.15 m
- To: 96.5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:96.15-96.50
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 8.73
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows a strong gold grade, indicating localized higher-grade mineralization within the broader zone.

- Positive factor: Strong grade

- Negative factor: Very narrow width

- Negative factor: Weak GT product

Evidence · table

> 7.90

Context: 0.35

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-11)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 66.9
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 96.15 m
- To: 96.5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:96.15-96.50
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows a moderate silver grade, contributing as a byproduct to the overall mineralization.

- Positive factor: Moderate grade

- Negative factor: Very narrow width

- Negative factor: Weak GT product

Evidence · table

> 66.9

Context: 0.35

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-12)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 2.78
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 106.2 m
- To: 106.8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:106.20-106.80
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2.87
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 2.78

Context: 0.60

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-13)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 7.6
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 106.2 m
- To: 106.8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:106.20-106.80
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade for an underground epithermal deposit, contributing negligibly as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 7.6

Context: 0.60

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-14)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 4.12
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 106.5 m
- To: 106.8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:106.50-106.80
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 4.27
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate gold grade, indicating localized mineralization.

- Positive factor: Moderate grade

- Negative factor: Very narrow width

Evidence · table

> 4.12

Context: 0.30

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-15)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 12.1
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 106.5 m
- To: 106.8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:106.50-106.80
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a weak silver grade, contributing negligibly as a byproduct.

- Negative factor: Weak grade

- Negative factor: Very narrow width

Evidence · table

> 12.1

Context: 0.30

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-16)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 7.85
- Grade Unit: g/t
- Intercept: 2.3 m
- From: 143.25 m
- To: 145.55 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:143.25-145.55
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 9.9
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a moderate width, contributing positively to the Manto Antiguo structure.

- Positive factor: Strong grade

- Negative factor: Weak GT product

Evidence · table

> 7.85

Context: 2.30

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-17)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 167
- Grade Unit: g/t
- Intercept: 2.3 m
- From: 143.25 m
- To: 145.55 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:143.25-145.55
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows moderate silver grades over a moderate width, contributing as a byproduct to the Manto Antiguo structure.

- Positive factor: Moderate grade

- Negative factor: Weak GT product

Evidence · table

> 167.0

Context: 2.30

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-18)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 10.72
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 143.25 m
- To: 144.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:143.25-144.10
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 13.8
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows strong gold grades, indicating a high-grade zone within the Manto Antiguo structure.

- Positive factor: Strong grade

- Positive factor: High-grade sub-interval

- Negative factor: Narrow width

- Negative factor: Weak GT product

Evidence · table

> 10.72

Context: 0.85

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-19)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 247
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 143.25 m
- To: 144.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:143.25-144.10
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows strong silver grades, contributing as a valuable byproduct.

- Positive factor: Strong grade

- Positive factor: High-grade sub-interval

- Negative factor: Narrow width

- Negative factor: Weak GT product

Evidence · table

> 247.0

Context: 0.85

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-20)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 7.2
- Grade Unit: g/t
- Intercept: 1.1 m
- From: 144.45 m
- To: 145.55 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:144.45-145.55
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 8.9
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows strong gold grades, contributing to the overall mineralization of the Manto Antiguo structure.

- Positive factor: Strong grade

- Positive factor: High-grade sub-interval

- Negative factor: Narrow width

- Negative factor: Weak GT product

Evidence · table

> 7.20

Context: 1.10

### ZM-201

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-21)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-201
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 137.9
- Grade Unit: g/t
- Intercept: 1.1 m
- From: 144.45 m
- To: 145.55 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-201:144.45-145.55
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This narrow sub-interval shows moderate silver grades, contributing as a byproduct to the overall mineralization.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Narrow width

- Negative factor: Weak GT product

Evidence · table

> 137.9

Context: 1.10

### ZM-202

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-22)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-202
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 3.69
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 219.9 m
- To: 221.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-202:219.90-221.40
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 3.83
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 3.69

Context: 1.50

### ZM-202

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-23)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-202
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 11.6
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 219.9 m
- To: 221.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-202:219.90-221.40
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade for an underground epithermal deposit, contributing negligibly as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 11.6

Context: 1.50

### ZM-202

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-24)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-202
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 8.04
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 219.9 m
- To: 220.2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-202:219.90-220.20
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 8.36
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows strong gold grades, indicating localized higher-grade mineralization.

- Positive factor: Strong grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

- Negative factor: Weak GT product

Evidence · table

> 8.04

Context: 0.30

### ZM-202

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-25)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-202
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 25.3
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 219.9 m
- To: 220.2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-202:219.90-220.20
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a weak silver grade, contributing negligibly as a byproduct.

- Negative factor: Weak grade

- Negative factor: Very narrow width

Evidence · table

> 25.3

Context: 0.30

### ZM-202

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-26)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-202
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 5.39
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 220.9 m
- To: 221.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-202:220.90-221.40
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 5.56
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate gold grade, indicating localized higher-grade mineralization.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 5.39

Context: 0.50

### ZM-202

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-27)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-202
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 13.9
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 220.9 m
- To: 221.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-202:220.90-221.40
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a weak silver grade, contributing negligibly as a byproduct.

- Negative factor: Weak grade

- Negative factor: Very narrow width

Evidence · table

> 13.9

Context: 0.50

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-28)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 95.53 m
- To: 96.53 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:95.53-96.53
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2.9
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 2.10

Context: 1.00

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-29)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 64
- Grade Unit: g/t
- Intercept: 1 m
- From: 95.53 m
- To: 96.53 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:95.53-96.53
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a moderate silver grade for an underground epithermal deposit, contributing as a byproduct.

- Positive factor: Moderate grade

- Negative factor: Weak GT product

Evidence · table

> 64.0

Context: 1.00

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-30)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 3.78
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 95.53 m
- To: 95.83 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:95.53-95.83
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 6.26
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate gold grade, indicating localized mineralization.

- Positive factor: Moderate grade

- Negative factor: Very narrow width

Evidence · table

> 3.78

Context: 0.30

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-31)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 198
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 95.53 m
- To: 95.83 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:95.53-95.83
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate silver grade, contributing as a byproduct.

- Positive factor: Moderate grade

- Negative factor: Very narrow width

Evidence · table

> 198.0

Context: 0.30

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-32)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 3.6
- Grade Unit: g/t
- Intercept: 1.15 m
- From: 154.41 m
- To: 155.56 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:154.41-155.56
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 4.21
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 3.60

Context: 1.15

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-33)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 55
- Grade Unit: g/t
- Intercept: 1.15 m
- From: 154.41 m
- To: 155.56 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:154.41-155.56
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a moderate silver grade for an underground epithermal deposit, contributing as a byproduct.

- Positive factor: Moderate grade

- Negative factor: Weak GT product

Evidence · table

> 55.0

Context: 1.15

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-34)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 4.26
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 155.16 m
- To: 155.56 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:155.16-155.56
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 4.54
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate gold grade, indicating localized mineralization.

- Positive factor: Moderate grade

- Negative factor: Very narrow width

Evidence · table

> 4.26

Context: 0.40

### ZM-204

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-35)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-204
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 23
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 155.16 m
- To: 155.56 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-204:155.16-155.56
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a weak silver grade, contributing negligibly as a byproduct.

- Negative factor: Weak grade

- Negative factor: Very narrow width

Evidence · table

> 23.0

Context: 0.40

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-36)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 41.82
- Grade Unit: g/t
- Intercept: 1 m
- From: 33.17 m
- To: 34.17 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:33.17-34.17
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 42.27
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very high-grade, near-surface intercept indicates excellent potential for early mining and contributes significantly to the overall resource.

- Positive factor: Exceptional grade

- Positive factor: Strong GT product

- Positive factor: Near surface

Evidence · table

> 41.82

Context: 1.00

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-37)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 36.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 33.17 m
- To: 34.17 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:33.17-34.17
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This near-surface intercept shows a moderate silver grade, contributing as a byproduct to the overall mineralization.

- Positive factor: Moderate grade

- Positive factor: Near surface

- Negative factor: Weak GT product

Evidence · table

> 36.1

Context: 1.00

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-38)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 108.9
- Grade Unit: g/t
- Intercept: 0.38 m
- From: 33.17 m
- To: 33.55 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:33.17-33.55
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 110.01
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval represents an extremely high-value zone, significantly enhancing the economic potential of the deposit.

- Positive factor: Bonanza grade

- Positive factor: Strong GT product

- Positive factor: High-grade sub-interval

Evidence · table

> 108.90

Context: 0.38

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-39)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 89
- Grade Unit: g/t
- Intercept: 0.38 m
- From: 33.17 m
- To: 33.55 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:33.17-33.55
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This high-grade silver sub-interval represents a valuable byproduct, enhancing the economic potential of the deposit.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

Evidence · table

> 89.0

Context: 0.38

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-40)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 3.75
- Grade Unit: g/t
- Intercept: 1.01 m
- From: 154.39 m
- To: 155.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:154.39-155.40
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 3.8
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 3.75

Context: 1.01

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-41)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 4
- Grade Unit: g/t
- Intercept: 1.01 m
- From: 154.39 m
- To: 155.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:154.39-155.40
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade for an underground epithermal deposit, contributing negligibly as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 4.0

Context: 1.01

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-42)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 12.23
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 154.69 m
- To: 154.99 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:154.69-154.99
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 12.34
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate gold grade, indicating localized higher-grade mineralization.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 12.23

Context: 0.30

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-43)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 9.3
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 154.69 m
- To: 154.99 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:154.69-154.99
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a weak silver grade, contributing negligibly as a byproduct.

- Negative factor: Weak grade

- Negative factor: Very narrow width

Evidence · table

> 9.3

Context: 0.30

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-44)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 1.91
- Grade Unit: g/t
- Intercept: 1 m
- From: 194.88 m
- To: 195.88 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:194.88-195.88
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1.96
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 1.91

Context: 1.00

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-45)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 194.88 m
- To: 195.88 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:194.88-195.88
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade for an underground epithermal deposit, contributing negligibly as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 4.1

Context: 1.00

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-46)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 6.34
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 194.88 m
- To: 195.18 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:194.88-195.18
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 6.49
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate gold grade, indicating localized higher-grade mineralization.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 6.34

Context: 0.30

### ZM-205

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-47)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-205
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 12.1
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 194.88 m
- To: 195.18 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-205:194.88-195.18
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a weak silver grade, contributing negligibly as a byproduct.

- Negative factor: Weak grade

- Negative factor: Very narrow width

Evidence · table

> 12.1

Context: 0.30

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-48)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 15.23
- Grade Unit: g/t
- Intercept: 1.35 m
- From: 132.8 m
- To: 134.15 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:132.80-134.15
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 15.67
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows exceptional gold grades over a narrow width, contributing significantly to the Manto Antiguo Splay structure.

- Positive factor: Exceptional grade

- Positive factor: Moderate GT product

- Negative factor: Narrow width

Evidence · table

> 15.23

Context: 1.35

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-49)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 38.4
- Grade Unit: g/t
- Intercept: 1.35 m
- From: 132.8 m
- To: 134.15 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:132.80-134.15
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a moderate silver grade over a narrow width, contributing as a byproduct.

- Positive factor: Moderate grade

- Negative factor: Narrow width

- Negative factor: Weak GT product

Evidence · table

> 38.4

Context: 1.35

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-50)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 33.7
- Grade Unit: g/t
- Intercept: 0.54 m
- From: 133.61 m
- To: 134.15 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:133.61-134.15
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 34.47
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very high-grade sub-interval significantly enhances the overall value and continuity of the mineralization.

- Positive factor: Exceptional grade

- Positive factor: Strong GT product

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 33.70

Context: 0.54

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-51)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 61.8
- Grade Unit: g/t
- Intercept: 0.54 m
- From: 133.61 m
- To: 134.15 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:133.61-134.15
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This high-grade silver sub-interval represents a valuable byproduct, enhancing the economic potential of the deposit.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 61.8

Context: 0.54

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-52)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 4.42
- Grade Unit: g/t
- Intercept: 2.7 m
- From: 137.4 m
- To: 140.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:137.40-140.10
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 4.69
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, contributing to the Manto Antiguo structure.

- Positive factor: Moderate grade

- Negative factor: Weak GT product

Evidence · table

> 4.42

Context: 2.70

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-53)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 21.7
- Grade Unit: g/t
- Intercept: 2.7 m
- From: 137.4 m
- To: 140.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:137.40-140.10
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a moderate width, contributing negligibly as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 21.7

Context: 2.70

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-54)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 7.16
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 137.4 m
- To: 137.7 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:137.40-137.70
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 7.66
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows strong gold grades, indicating localized higher-grade mineralization.

- Positive factor: Strong grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

- Negative factor: Weak GT product

Evidence · table

> 7.16

Context: 0.30

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-55)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 40.2
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 137.4 m
- To: 137.7 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:137.40-137.70
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate silver grade, contributing as a byproduct.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 40.2

Context: 0.30

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-56)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 16.65
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 139.8 m
- To: 140.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:139.80-140.10
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 17.25
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very high-grade sub-interval significantly enhances the overall value and continuity of the mineralization.

- Positive factor: Exceptional grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

- Negative factor: Weak GT product

Evidence · table

> 16.65

Context: 0.30

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-57)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 48
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 139.8 m
- To: 140.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:139.80-140.10
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate silver grade, contributing as a byproduct.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 48.0

Context: 0.30

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-58)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 2.87
- Grade Unit: g/t
- Intercept: 1 m
- From: 158.5 m
- To: 159.5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:158.50-159.50
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 3.15
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for an underground epithermal deposit, contributing marginally to the overall resource.

- Negative factor: Weak grade

Evidence · table

> 2.87

Context: 1.00

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-59)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 23.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 158.5 m
- To: 159.5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:158.50-159.50
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade for an underground epithermal deposit, contributing negligibly as a byproduct.

- Negative factor: Weak grade

Evidence · table

> 23.1

Context: 1.00

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-60)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 5.17
- Grade Unit: g/t
- Intercept: 0.55 m
- From: 158.5 m
- To: 159.05 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:158.50-159.05
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 5.68
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate gold grade, indicating localized higher-grade mineralization.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 5.17

Context: 0.55

### ZM-206

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-61)

Zancudo Project · silver

#### Identity

- Hole ID: ZM-206
- Project: Zancudo Project
- Commodity: silver
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 41.2
- Grade Unit: g/t
- Intercept: 0.55 m
- From: 158.5 m
- To: 159.05 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-206:158.50-159.05
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This very narrow sub-interval shows a moderate silver grade, contributing as a byproduct.

- Positive factor: Moderate grade

- Positive factor: High-grade sub-interval

- Negative factor: Very narrow width

Evidence · table

> 41.2

Context: 0.55

### ZM-210

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-62)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-210
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 5.68
- Grade Unit: g/t
- Intercept: 32.95 m
- From: 203 m
- To: 235.95 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-210:203.00-235.95
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This continuous interval demonstrates significant gold mineralization, contributing to resource growth and confidence, though silver results are still pending.

- Positive factor: Significant width

- Positive factor: Strong GT product

- Positive factor: Moderate grade

- Positive factor: Supports resource upgrade

- Negative factor: Silver results pending

Evidence · table

> 5.68

Context: 32.95

### ZM-210

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-63)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-210
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 20.18
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 229 m
- To: 232.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-210:229.0-232.10
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This high-grade sub-interval within the main intercept significantly enhances the overall value and continuity of the mineralization, though silver results are still pending.

- Positive factor: Exceptional grade

- Positive factor: Strong GT product

- Positive factor: High-grade sub-interval

- Negative factor: Silver results pending

Evidence · table

> 20.18

Context: 3.10

### ZM-210

[Link to this fact](https://atlas-staging.minestarters.com/news/07-00-et-denarius-metals-announces-33-metre-continuous-interval-grading-5-68-g-t--239ad2fa-55cf-40bc-ac74-12c992c21b85#fact-drill-facts-64)

Zancudo Project · gold

#### Identity

- Hole ID: ZM-210
- Project: Zancudo Project
- Commodity: gold
- Region: colombia
- Reported Region: Colombia
- Ticker: DNRSF

#### Geometry

- Grade: 26.35
- Grade Unit: g/t
- Intercept: 2.5 m
- From: 233.45 m
- To: 235.95 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: drill
- Group ID: ZM-210:233.45-235.95
- Mining Method: underground

#### QA/QC

- Laboratory: Actlabs Laboratories Ltd
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 4
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This high-grade sub-interval further confirms the presence of very high-grade zones within the broader mineralized structure, though silver results are still pending.

- Positive factor: Exceptional grade

- Positive factor: Strong GT product

- Positive factor: High-grade sub-interval

- Negative factor: Silver results pending

Evidence · table

> 26.35

Context: 2.50

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
